But when all this transpired two years ago, people still had jobs and credit. That's not the case anymore - Americans have less purchasing power, which means that $4/gallon gas is going to hurt a lot more this time around.

One financial analyst quoted in the story brought up an interesting statistic: "A $10 increase in the price of oil is like a $200 million tax on the economy a day," said Gary Taylor, a principal with The Brattle Group. That's $1 billion every workweek.

Luckily, we have new government leaders coming in who are gung-ho to cut our taxes. I look forward to seeing how they'll set us free from the $1 billion/week oil dependency tax.

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Portland Maine Bike Map

The first and only Portland Maine Bike Map highlights bike routes, lanes, and paths from Falmouth to Scarborough, Casco Bay to Westbrook - almost everyplace you can comfortably reach in an easy hour's ride from downtown Portland.